Keefe Bruyette has raised its rating for F.N.B. Corporation (FNB, Financial) from Market Perform to Outperform. The financial services firm maintained its price target for the stock at $16.50.
Despite a 15% decline in F.N.B.'s stock value since the start of the year, analysts believe the downward risk is now limited. The reassessment highlights the company's favorable balance of risks and rewards, supported by a solid growth outlook. Key factors contributing to this positive view include F.N.B.'s share gains, robust capital levels, and a diversified loan portfolio.
With these strengths, Keefe Bruyette suggests that F.N.B. is positioned well for potential growth, offering investors a compelling opportunity at current price levels.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for F N B Corp (FNB, Financial) is $16.81 with a high estimate of $19.00 and a low estimate of $15.00. The average target implies an upside of 33.33% from the current price of $12.61. More detailed estimate data can be found on the F N B Corp (FNB) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, F N B Corp's (FNB, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for F N B Corp (FNB, Financial) in one year is $15.55, suggesting a upside of 23.31% from the current price of $12.61. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the F N B Corp (FNB) Summary page.
